Suburb Profile Report for Bundaberg North QLD (4670)

Bundaberg North House: Median price $222,500, Annual capital growth -0.27%, Number of sales 72, Weekly median advertised rent $300

Bundaberg North Unit: Median price $190,000, Annual capital growth -1.62%, Number of sales 45, Weekly median advertised rent $238

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Bundaberg North, 4670 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 0.23%.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Bundaberg North has fallen somewhat when compared to the 5 year average annual rate.

Vendor discounting in Bundaberg North is giving property investors an average Vendor Discount of around -7.36%. This puts suburb at number 217th in QLD when ranking the most discounted suburbs.

Residents and property investors in Bundaberg North have been waiting around 85.2037 days to sell a property.

Property investors should expect to get $300 weekly from the median priced house in this suburb.

With a capital gain of -16.48% for the last 12 months, Bundaberg North, 4670 has performed for property investments than its average annual -1.62% property growth over the last 5 years.

When looking at the potential capital gains offered to property investors over the last 3 years, Bundaberg North comes in at number 239th in QLD.

Bundaberg North4670 is located in QLD which offers an average discount of -6.19% to property investors. Bundaberg North itself is showing figures that indicate -11.94% is the average achievable by property buyers investing in the suburb.

At number 1352 in a list of fastest selling suburbs, Bundaberg North is in the bottom 10% of suburbs in Australia with an average of days on market 231.048 for properties listed there.

Bundaberg North is 79th on a list of best yielding suburbs for rents in QLD with a 6.50% return

Metrics i HOUSE UNIT
$222,500 $190,000
0.00% 1.60%
0.23% -16.48%
-0.27% -1.62%
$300 $238
72 45
7.01% 6.50%
85.2037037037037 231.047619047619

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 5483
Median household income ($/weekly) 736
Median age of persons 45
Median housing loan repayment ($/monthly) 1311
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 670 12.2
    25-34 years 535 9.8
    45-54 years 689 12.6
    55-64 years 666 12.1
    65-74 years 723 13.2
    Others 2201 40.1
    Age Group
    Census Count Percent(%)
    Registered Married 2012 50.5
    Not Married 1632 41.0
    Defacto Relationship 339 8.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 4462 87.4
    Papua New Guinea 95 1.9
    Philippines 41 0.8
    United Kingdom 234 4.6
    Other 84 1.6
    Others 187 3.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 63 1.3
    Christianity 3725 76.0
    Islam 29 0.6
    Other Religious Groups 14 0.3
    No Religion 1064 21.7
    Others 5 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 235 12.5
    $400-$599 372 19.7
    $600-$799 266 14.1
    $800-$999 210 11.1
    $1,500-$1,999 164 8.7
    Others 640 33.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2168 51.5
    Employed, worked full-time 1110 26.3
    Employed, worked part-time 592 14.1
    Unemployed, looking for work 194 4.6
    Employed, away from work 149 3.5
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 303 16.4
    Community & personal service workers 234 12.6
    Clerical & administrative workers 228 12.3
    Sales 213 11.5
    Labourers 311 16.8
    Others 561 30.3
    Occupation
    Census Count Percent(%)
    Pre-school 57 5.9
    Infants/Primary 395 41.1
    Secondary 328 34.2
    Technical or Further Educational Institution 69 7.2
    University or other Tertiary Institutions 85 8.9
    Others 26 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4120 82.4
    Semi-detached, row or terrace house, townhouse 519 10.4
    Flat, unit or apartment 317 6.3
    Caravan, cabin, houseboat 33 0.7
    House or flat attached to a shop, office 13 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 929 45.4
    Rented 596 29.1
    Being purchased 490 24.0
    Other tenure type 30 1.5
    Tenure Type
Census 2011, ABS
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